Kenny Miller, left, looks set for a third spell at Rangers (Picture: AP)

So it’s Miller time at Ibrox for a third time but it would be accurate to state that not many Rangers supporters are so keen to raise a glass at the prospect of a return from their former hitman.

The news that Kenny Miller is on the verge of heading back to Glasgow to wear the light blue jersey for a third spell has been greeted with frustration by a large number of the club’s followers somewhat baffled at the acquisition.

At the age of 34 he certainly possesses plenty of experience, which Ally McCoist no doubt hopes will be of real benefit to the likes of young protégés Nicky Clark and Callum Gallagher, but to a large swathe of concerned bluenoses this move is nothing but further evidence of the failures on the manager’s part.

McCoist is already on record as saying his desire is to see the club follow the philosophy of the likes of Ajax and Porto, teams with a healthy record of developing young players before the inevitability of their departures to those sides operating in some of the bigger leagues on the continent.

However, by offering Miller the opportunity to sign on the dotted line the Rangers manager aim of creating a similar project to that of the Dutch and Portuguese outfits is somewhat undermined.

What worries many Rangers fans too is that Miller will not be coming back to Scotland just for a jolly, the Edinburgh man has ensured he has looked after himself financially throughout his career and he will no doubt be looking to rewarded with a decent wage again.

Now for a club which faces an uncertain future, it is baffling indeed to just see exactly how they are capable of enticing this seasoned international back into the fold.

Those championing the move will no doubt point to the fact Miller may be content with accepting a low remuneration package keen that he is in assisting his friend in taking Rangers back to the top flight.

And it was only last year Miller turned on the style at Wembley leaving such a defender of the calibre of Gary Cahill in his tracks when he scored that outstanding goal for the national team, so a veteran he may be but the striker appears not to have lost his touch.

Throw in the fact he has always managed to keep himself in trim condition and it is possible to understand the logic behind McCoist’s move.

But too many frankly it appears to be a desperate signing lacking imagination by someone who continues to fail to convince he has what it takes to become a top class manager.

What no one can dispute is that Miller and Rangers FC remain in a precarious position on and off the field.

Anyone thinking the Championship will be a walkover for the Ibrox side is disillusioned, struggling to overcome their part-time opponents last term highlighted real deficiencies in the manager’s abilities, whilst those rumours about a possible administration simply refuse to go away.

Like a road traffic accident, this Rangers saga continues to be compulsive viewing for all the wrong reasons.